UPDATE: LinkedIn Confirms Security Breach

Social network LinkedIn confirmed a security breach Wednesday that resulted in the loss of encrypted passwords and could allow criminals to break into subscribers’ accounts.

Norway-based tech blog Dagens IT reported earlier in the day that hacked passwords were first posted to a Russian hackers forum. Two security firms, Sophos and Rapid7, said they were able to confirm the breach by searching for the known passwords of colleagues within the massive file they say has been spreading through other hacker forums.